Cattle markets are platforms where cattle, primarily beef and dairy cattle, are bought and sold. These markets can be physical locations, like livestock auctions, or online platforms. Prices fluctuate based on supply and demand, feed costs, and consumer preferences. In the United States, the Chicago Mercantile Exchange is a key player in cattle trading, offering futures contracts that help farmers and investors manage price risks. The health of the cattle industry can also be influenced by factors such as weather conditions, disease outbreaks, and changes in trade policies.